A settlement certificate is a document that proves that the loan has been repaid on time and all the arrears have been settled. Obtain the settlement certificate, which shows that the obligations of the loan contract have been fulfilled and all the money has been repaid, thus relieving the repayment responsibility and eliminating the need for further repayment.

A loan car refers to a car purchased by applying for a loan from a bank, financial institution or car dealer. Compared with the direct one-time payment method, the loan owner needs to repay the car purchase price and interest in installments within a certain period of time according to the loan contract.